Hercules Stockholders Oppose Ch. 11 Plan, Blame Lenders
By Jeff Montgomery ( September 22, 2016, 10:17 PM EDT) -- Hercules Offshore Inc.'s equity holders accused secured lenders Thursday of setting up the oil and gas rig company for its second Delaware bankruptcy in less than a year through calculated exercises of loan terms developed during the first Chapter 11 restructuring in late 2015....
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